Re: Blue Cash Everyday CLI denial

good thing about amex is you can opt for online denial letters. so instead of waiting 7 to 10 days; i always have the reason for my denial right away.

the reason for my denial stated on the denial letter this time. was because i was denied the last time i requested it in february! in other words, the reason why i was denied was becuase i was denied in february! denied for being denied. denied denied denied.

Re: Blue Cash Everyday CLI denial

They didn't give you anything else ? Like your Cardmember risk score is too high ?

Don't you have to wait 6 months after you get a CLI to request another one ? When ( if ever ) have you gotten a previous CLI ?

American Express

PO Box 30374

Salt Lake City, UT 84130

May 07, 2012

Reference: Gonna Get You 4 Asking!

Reference: NO INCREASE 4 U! U GO AWAY NOW!

Dear Scott,

Thank you for your recent request for a line of credit increase on your American Express? Card Account.

We regret to inform you that your request has been declined.

Reason(s) for Our Decision

You have been declined for a credit line increase on one or more of your American Express accounts recently.

An important notice concerning your rights is included. The creditor is American Express Centurion Bank.

If you have any questions, please call 1-800-535-7790 or write to us at the address above. To learn more about protecting your credit, visit our Consumer Resources page at www.americanexpress.com/consumerresources.

Thank you for your interest in our service.

Sincerely,

Tammy Weinbaum

SVP and General Manager

it was february 15 i believe on my last request, i was denied for my 1 to 2 percent util i think. i was granted my last increase in july 2011.

Re: Blue Cash Everyday CLI denial

On a somewhat related note, what happens if a CLI is requested too soon? Say somebody requests one at five and a half months instead of six. Do they have to wait another 90 days or another 6 months, or just apply again after the original six months is up?

Re: Blue Cash Everyday CLI denial

All,

Before asking for a credit limit increase plase consider these factors first.. The lender is consider a few factors when making a decison to grant the increase or not.. First is the income of the applicant. Secondly the credit history of the applicant not with the lender but all other creditors the applicant has. If neither of these two factors as not changed much if at all then more than likely you will not get the increase. Also be careful about asking for CLI's over and over. Asking for a CLI is considered the persuit of new credit.. Under the premise that a consumer only applies for the credit they need (NOT want) the question becomes is why is the consumser asking CLI' over and over. Which can and will raise a red flag with a lender. In some cases the consumer is doing a juggling act to try to stay above water. It does not take much for everything to fall apart credit wise. All that said also keep in mind AMEX is a conservative lender short payment history of a year or less is not long enough.

To amplify about the credit history with a lender a few years ago I opened a new account. The initial credit limit was very small ($100) I have a FICO score around 800. So I asked for a CLI shortly after I got the card. I was denied. Why I asked? The CSR said it was not due to my credit history but the lack of payment history with them. Long story short, today my credit limit is $2700. That limit is more than enough since ,my balance when I use the card is < 10%. I pay full each month.

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FTC's website on credit.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.